Chinese firm branching out

A Chinese construction firm has managed to win a series of key highway contracts in China as well as overseas. The China Railways Group has contracts worth a total of US$1.58 billion in total for infrastructure projects.
March 22, 2012 Read time: 1 min
A Chinese construction firm has managed to win a series of key highway contracts in China as well as overseas. 890 China Railway has contracts worth a total of US$1.58 billion in total for infrastructure projects. In China’s Guangdong province the company will build two expressways. In Zhongshan the firm has a 30 month deal for an expressway while the other project will take around 24 months to complete. Meanwhile in Venezuela the firm will upgrade a railway track in a deal worth $113 million while in Angola the company will build 5,000 housing units.

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